Centurion Acquisition Corp (ALFUU) Prices $250M IPO


Centurion Acquisition Corp (ALFUU) Prices $250M IPO

Centurion Acquisition Corp announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ALFUU”, Tuesday, June 11, 2024.

The new SPAC aims to combine with a technology company with a focus on video gaming, interactive entertainment and enabling services and technologies, cybersecurity, artificial intelligence, machine learning, Software as a Service (“SaaS”) and deep tech technologies.

Centurion’s sponsor team will be led by Chief Executive Officer and Director Mark Gerhard, COO and Director Riaan Hodgson and Presdient and Director David Gomberg. Micki Rosen, Michael Jesselson, and Robert Foresman will serve as independent directors.

Total SPAC deal count for 2024 year-to-date is now 11. This offering is expected to close on Wednesday, June 12, 2024.

Cantor Fitzgerald & Co. is acting as the sole book-running manager of the offering. Odeon Capital Group, LLC is acting as co-manager of the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.